{"id":94842,"date":"2026-04-16T00:00:00","date_gmt":"2026-04-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=94842"},"modified":"2026-04-16T06:32:11","modified_gmt":"2026-04-16T06:32:11","slug":"today-how-routes-decide-fortunes-in-the-gulf","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/04\/16\/today-how-routes-decide-fortunes-in-the-gulf\/","title":{"rendered":"TODAY: How routes decide fortunes in the Gulf"},"content":{"rendered":"

Good morning, lovely people \u2014 we have a packed issue to end the week. <\/strong>We\u2019ve been relentlessly diving into every aspect of the regional war\u2019s impact on trade, shipping, aviation \u2014 but today we take a hard look at the split: who\u2019s gaining and who\u2019s getting gutted, as those able to skirt Hormuz ride the upside while others see exports stall and revenues collapse. <\/p>\n

The (colored) side of the (customs authority): <\/strong>The Egyptian Customs Authority is introducing a risk-based clearance framework that sorts all incoming cargo into four separate channels \u2014 green, blue, yellow, and red. <\/p>\n

Plus: <\/strong>We take a look at how limited transits through Hormuz \u2014 despite the blockade \u2014 are still occurring under defined conditions. <\/p>\n

\n

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It's official. MENA+ is live.<\/strong><\/p>\n

Our new regional flagship covers the flows of capital, people, and ideas across the Middle East \u2014 and beyond it.<\/strong> MENA+ covers AI and tech \u2014 and geopolitics, the war for talent, which BSD is on top (and who's gunning for them), the changing energy economy, new corridors to India and China, and much, much more.<\/p>\n

What's with the \u201c+\u201d in MENA+?<\/strong> We think one of the most powerful stories in the region is the *export* of ideas and capital not just to neighboring regions (Asia, the Stans) but to international financial centers. MENA countries are jockeying for position in the new global economy now taking shape, and we're going to shape that conversation.<\/p>\n

Delivered to your inbox every Monday, Wednesday, and Friday<\/strong> before 12pm UAE.<\/p>\n

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Watch this space<\/p>\n

<\/a> TRADE \u2014 South Korea\u2019s bypass plan:<\/strong> South Korea has secured<\/a> around 273 mn bbl of crude and 2.1 mn metric tons of naphtha through the end of 2026 via routes outside the Strait of Hormuz.The lion\u2019s share comes from Saudi Arabia \u2014 which agreed to route 50 mn bbl already allocated via Red Sea ports in April and May, 200 mn bbl through year-end, and 500k tons of naphtha. Kazakhstan will supply 18 mn bbl, while Oman pledged 5 mn bbl of crude and 1.6 mn tons of naphtha. <\/p>\n

Turning emergency buying into route diversification? <\/strong>South Korea previously relied on Hormuz for 61% of its crude imports and 54% of its naphtha imports last year. Seoul is discussing bypass pipelines and storage outside Hormuz with producers to cut future chokepoint risk, having moved in the same direction last month with a 24 mn bbl supply agreement<\/a> with the UAE.<\/p>\n

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<\/a> <\/strong>AVIATION<\/strong> \u2014 Boeing is outdelivering Airbus:<\/strong> US planemaker Boeing delivered<\/a> over 143 commercial jets in 1Q 2026, surpassing European planemaker Airbus\u2019<\/a> 114, with narrowbody jets driving most of the volume. Boeing hit a previous snag in March after a 737 Max wiring issue<\/a> forced repairs on about 25 aircraft and delayed some handovers, but it still finished the quarter ahead.<\/p>\n

What<\/strong> could be driving the W? <\/strong>\u201cBoeing\u2019s lead in 1Q could be driven by stronger delivery flow in the 737 Max and 787, tighter quality and safety controls, and the easing of regulatory constraints\u201d Sindy Foster, principal managing partner at Avaero Capital Partners, tells EnterpriseAM.<\/p>\n

Airbus<\/strong> isn\u2019t losing demand, but it is losing pace <\/strong>\u2014 \u201cIt's dealing with supply-chain constraints, particularly around engines, which have weighed on its quarter-to-date deliveries,\u201d Foster adds. \u201cBoeing\u2019s lead is coming from stronger cumulative performance across the quarter. Airbus\u2019 position now is that it remains under short-term delivery pressure because of those supply-chain constraints,\u201d Foster argues.<\/p>\n

REMEMBER- <\/strong>Airbus trimmed its A320 production target to 70-75 jets per month<\/a> by end-2027 as Pratt & Whitney engine delivery issues continue to leave the planemaker short of engines.<\/p>\n

\n

Market watch<\/p>\n

Oil prices were mostly steady this morning as doubts over US-Iran talks eased earlier <\/strong>losses<\/strong>, Reuters<\/a> reports. Brent crude futures increased USD 0.09 to trade at USD 95.02 \/ bbl by 04.27 GMT, while US West Texas Intermediate (WTI) jumped USD 0.44 to USD 91.73 \/ bbl.<\/p>\n

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The Baltic Index continues to move upwards: <\/strong>The Baltic Exchange\u2019s dry bulk index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was up 5.5%<\/a> to 2,484 points on Wednesday. The capesize jumped 8% to 3,964 points, while the panamax index gained 2.5% to 1,948. The smaller supramax rose 2% to 1,371 points.<\/p>\n

\n

Data point<\/p>\n

232<\/strong>.4k tons \u2014 that\u2019s how much freight Syria\u2019s railway network <\/strong>moved<\/a><\/strong> in <\/strong>1Q <\/strong>2026<\/strong>, marking an 81% increase y-o-y. The network also moved nearly 25.6k tons of grain from Latakia and Tartous ports to inland silos.<\/p>\n

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***<\/strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo, 10:15am in Riyadh, and 11:15am in the UAE.<\/p>\n

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Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on logistics@enterprisemea.com<\/a>.<\/p>\n

DID YOU KNOW <\/strong>that we also cover Egypt<\/a>, Saudi Arabia<\/a>, and the UAE<\/a><\/a> ? ***<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":94843,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[980],"tags":[145,17,142,31,32,129,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-2","tag-aviation","tag-enterprise-logistics","tag-oman","tag-saudi-arabia","tag-trade","tag-uae","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9192300f-5fdb-476f-8e5c-06c1157cc4c6","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/4\/801.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: How routes decide fortunes in the Gulf","related_issue":[94840],"teaser":"What we\u2019re tracking this morning regionally and around the world"},"yoast_head":"\nTODAY: How routes decide fortunes in the Gulf - 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